Possible Nesting Structure in $EEM May Support World Indices. The whole Market works as a whole. Traders need to understand the idea. https://elliottwave-forecast.com/stock-market/eem-can-be-nesting-supporting-world-indices/, read the article and understand why. #Elliottwave #trading $SPX $SPY $ES_F
is one the best investments out there. However current pull back doesn't really make much sense especially since this trades more parallel to
than actual fundamentals. Which makes me believe that the current pull back is more sue to product of algo driven trading. IMO fundamentals looks strong as Asian and Emerging markets set to out perform US markets.
Short Term Price Target : $64.00
BreakOut Watch: $58.58
Major Resistance: $58.00 and $58.58
No major near term resistance detected after $58.58
$SPY $QQQ $EEM S&;P dividend 28x the 1yr bond yield. Bloomberg says go small cap and select cyclical tech and emerging markets. The word on the street is fed may need to intervene to keep bond yields from going negative by raising 5 basis points. The only other place to go for yield is real estate or cryptos. I guess it's all still just bullish as far as the eye can see, optimists always win.
I'm in Colorado should I go for the multifamily income producer on a discount, or should I go for more grazing land on water, slow and steady?
$SPY $$djia $EEM we must judge China by their actions and words. They are unapologetic for causing more US deaths than WWII. Not only are they unapologetic they are using every tool at their disposal to flip the script on the US painting us as weak and them as strong to undermine confidence in our economy and bolster theirs. It isn't cold war it is already WWIII.